Black Knight has released its report on May 2023 mortgage performance, providing insights into the state of the national mortgage market.
The report revealed that the total US loan delinquency rate, encompassing loans that were 30 or more days past due but not in foreclosure, stood at 3.10%. This represented a month-over-month decrease of 6.25% and a year-over-year decrease of 2.62%.
In terms of foreclosure data, the total US foreclosure pre-sale inventory rate is reported at 0.43%, reflecting a month-over-month decline of 2.03% and a year-over-year increase of 2.02%. Additionally, there were 25,400 foreclosure starts, marking a month-over-month increase of 2.16% and a year-over-year decrease of 4.39%.
To continue reading the rest of the article, please click on the source link below:
https://www.mpamag.com/us/mortgage-industry/market-updates/whats-happening-with-mortgage-delinquencies-and-foreclosures/450496
© 2010-19 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.
